Citing a lack of corporate contorls and preparedness to protecting mission-critical data, more corporate boards are holding back the salaries and bonuses of its chief executives. At Sony, Corp., the board of director’s decided to cut the salary of its current CEO, Howard Stringer, by 15%, and its probably successor Kazuo Hirai, from 110 million […]
In what may become the “straw” that broke the brand reputation to Sony, Corporation’s, PlayStation Network, the company announced on Wednesday that it was forced to suspend around 93,000 user accounts after discovering a significant number of unauthorized sign-in attempts. The latest suspension comes just 6 months after Sony was hit by a cyber-attack on its […]
A realization through revelation has finally emerged in the wake of a cyber-attack at Sony, Corp., by its CEO, Howard Stringer – technology alone cannot protect the most valued asset of a company, its mission-critical data. In a telephone interview posted by The Wall Street Journal, Mr. Stringer stated that he could not guarantee the […]